Bed Bath & Beyond stock jumps on Q3 earnings beat, positive guidance

Shares of home decor retailer Bed Bath & Beyond (BBBY) surged Wednesday after its third-quarter earnings surpassed analysts’ forecast, despite a year-on-year decline. Market sentiment was also buoyed by the management’s positive outlook for fiscal 2019. Net profit dropped to $24.4 million or $0.18 per share in the November quarter from $61.3 million or $0.44 … Continue reading Bed Bath & Beyond stock jumps on Q3 earnings beat, positive guidance